Tag: debit card

Financial Services, Industries

Visa shares fall after report says DOJ is probing possible anticompetitive debit card practices

March 19, 2021


Visa shares dropped sharply in midday trading Friday after a report said the Justice Department has opened an investigation into its debit card business and possible anticompetitive practices. The department’s antitrust division has started to collect information on whether Visa, […]


US consumer spending leaps as late-December stimulus hits households, Bank of America says

January 22, 2021

Via: Markets Insider

Credit- and debit-card spending accelerated through the first two weeks of January as stimulus passed by President Donald Trump bolstered households’ balance sheets. Card spending climbed 6% from the year-ago period over the week that ended January 16, Bank of […]